Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Down – Time to Sell?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) shares gapped down prior to trading on Thursday . The stock had previously closed at $11.40, but opened at $10.6980. Ryohin Keikaku shares last traded at $10.6980, with a volume of 692 shares.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein began coverage on Ryohin Keikaku in a research report on Tuesday, May 26th. They set a “market perform” rating on the stock. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Ryohin Keikaku currently has a consensus rating of “Hold”.

Ryohin Keikaku Price Performance

The company has a quick ratio of 1.56, a current ratio of 2.87 and a debt-to-equity ratio of 0.20. The company has a market cap of $12.02 billion and a PE ratio of 53.49. The stock has a 50-day simple moving average of $11.40 and a 200 day simple moving average of $10.81.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its quarterly earnings results on Friday, April 10th. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.28 billion. Equities analysts expect that Ryohin Keikaku Co. Ltd. will post 0.38 EPS for the current year.

About Ryohin Keikaku

Ryohin Keikaku Co, Ltd., founded in 1980 and headquartered in Tokyo, is a Japanese retailer best known for its MUJI brand. The company’s core business revolves around the design, planning, manufacturing and sale of a broad array of household and consumer products. Emphasizing simplicity, functionality and quality, Ryohin Keikaku has built a reputation for its “no‐brand” or minimalist design philosophy, which seeks to eliminate unnecessary features and branding in favor of honest materials and understated aesthetics.

The company’s product portfolio includes furniture, kitchenware, home furnishings, apparel, stationery, personal care items and a curated selection of packaged foods.